Senior Manager II, Recovery and Resolution Planning (US) - Scenario Projection and Analytics

Work Location:

Mount Laurel, New Jersey, United States of America

Hours:

40

Pay Details:

$148,720 - $240,240 USD

TD is committed to providing fair and equitable compensation opportunities to all colleagues. Growth opportunities and skill development are defining features of the colleague experience at TD. Our compensation policies and practices have been designed to allow colleagues to progress through the salary range over time as they progress in their role. The base pay actually offered may vary based upon the candidate's skills and experience, job-related knowledge, geographic location, and other specific business and organizational needs. 

As a candidate, you are encouraged to ask compensation related questions and have an open dialogue with your recruiter who can provide you more specific details for this role.

Line of Business:

Finance

Job Description:

Department Overview:

The Recovery and Resolution Plan (RRP) group manages the Recovery and Resolution Plan for TD Bank's US entities. This group functions under the US Treasury. The Recovery and Resolution Plan is governed by guidelines issued by US regulatory agencies and must be submitted to regulators according to established deadlines. These plans are comprehensive and necessitate coordinated engagement with stakeholders throughout the Bank. The Resolution Plan submission requires Stress scenario projection that is designed to ensure that the Bank can be liquidated in an orderly manner without causing wider adverse impacts on the financial systems. The Recovery Plan requires submitting results from a severe stress scenario to demonstrate the Bank's ability to recover from significant losses in liquidity and capital.

The Senior Manager II, Recovery and Resolution Planning oversees a team of RRP practitioners in execution and oversight of the most complex frameworks, policies, strategies and processes related to recovery and resolution planning.

Depth & Scope:

• Provides people management leadership by hiring the best talent, setting goals, developing staff, managing employee performance and compensation decisions, promoting teamwork and handling any/all disciplinary actions, as required
• Oversees and leads the most complex and diverse function for an area of significant risk, complexity or scope while growing talent, developing skills and capabilities to achieve career goals, support project / initiative success and achieve business results
• Develops appropriate scenarios for Recovery and Resolution plans for Banks legal entities
• Develops and administers multi- stakeholder tests under programs.
• Oversees the development of whole testing streams to support crisis capabilities and or resolvability of the Bank.
• Manages and oversees the overall discipline and strategy for the respective areas while aligning to the enterprise best practices
• Provides coaching, mentorship and guidance to practitioners, business, executives within area of expertise
• Strategic partner to leadership team on the management of the portfolio and financials, with deep industry, external / internal, enterprise knowledge, recognizing and anticipating emerging trends and; identifying operational efficiencies and opportunities with other business management / enterprise areas
• Facilitates key strategic discussions and provide thought leadership to executive audience (output include strategic roadmap and/or deliverables/ frameworks/ short to long term goals etc.)
• Sets operational team direction and collaborate with others to execute on common goals
• Focuses on longer-range planning for functional area (e.g. 12 months or greater)

Education & Experience:

• Undergraduate degree required
• 12+ years of experience

Preferred Qualifications:

• 12+ years of experience with Finance and/or Treasury experience preferred
• A professional financial designation like CPA or CFA is preferred

Customer Accountabilities:

• Provides leadership to all strategic, operational, and business activities across the recovery and resolution planning function
• Monitors regulatory landscape for changes impacting recovery and resolution planning and assesses their impact on current processes, practices and plans
• Oversees the development and execution of complex Recovery and Resolution Planning strategies and assessments
• Oversees the development of whole testing streams to support crisis capabilities and/or resolvability of the Bank
• Acts as the liaison between internal stakeholders (Capital, Liquidity, Risk, etc.) and external advisors
• Co-ordinates RRP's development of recovery and resolution pl